5. You are thinking about the things that can go... You are thinking about the things that can go wrong on your trip home over the Thanksgiving break. You have booked a flight with US-Scareways. You know that in 23 percent of the cases the company has canceled the flight you were on. Should such a thing occur, there would be no other air travel option home for you. As a backup, your friend Walter has offered you a ride back. However, you know that Walter only has a seat in his car for you with an 87.5 percent probability. (Round your answer to 2 decimal places.) What is the probability of you making it home for the holidays? (Barring other accidents!) ANSWER 6. Review the setup for the problem on p. 277 of the text regarding the assembly, in three steps, of a component. Change the probabilities of 'failure' for each step to the following: For Step 1, 2 percent; for Step 2, 3 percent; for Step 3, 4 percent. Remember that for the assembly to be successful, all three steps have to be successful. a) What is the probability of a defect in the final product? ANSWER b) Draw an event tree for the probabilities the assembly operation. Label each branch with its appropriate probability value, and give the resulting probability for each of the eight possible outcomes. You may have to hand-draw the tree, photograph it, and insert it here (or type it if possible)